Remove Forecasting Remove Manufacturing Procurement Remove Shipping Remove Warehousing
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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

When it comes to running a company, when things break down executives have traditionally said “we need to improve our forecasting!” Would better forecasting accuracy be a good thing? Unfortunately, most companies cannot, and will never be able to, consistently rely on highly accurate forecasts. Absolutely!

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Supply Chain Resilience. Really?

Supply Chain Shaman

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Expand the “FLOW” program for logistics information sharing to forecast transportation flow. The result was restatement. My conclusion?

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2021 Logistics Outlook: Truckload Freight Market Forecast

GlobalTranz

During the second half of the year, consumers shifted their spending from in-store to buying online, and sellers had to adjust their warehousing and fulfillment networks. The volatility of 2020 and the uncertainties looming into 2021 make it difficult to forecast planning and budgets based on historical data. Contact GlobalTranz Today.

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Assemble-to-Order manufacturing Part 2: ERP solutions to improve operations

SYSPRO Smarter ERP

With a manufacturing operation based on Assemble-to-order (ATO) , success hinges on being able to get products to customers quickly. In addition, demand forecasting has to be accurate and costs have to be managed. How ERP helps Assemble To Order (ATO) manufacturers.

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How to create a reliable supply chain with effective forecasting and inventory management

SYSPRO Smarter ERP

Ask manufacturing leaders what changes they plan to make in the next three years in the wake of the coronavirus pandemic, and they will likely say their use of technology will deepen as more and more players in their supply chains come to rely on digital connections for daily interactions. A Better Way to Forecast. Talent gaps: ?

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Securing the Pickleball Supply Chain

Logistics Viewpoints

Or, alternatively, a company carries too much inventory, storage for excess inventory must be purchased, and cash flows become tight. The Franklin Sports Supply Chain 75% of Franklin Sports goods products, by revenue, are produced by third party contract manufacturers. 25% of the products are purchased and then kitted by the company.

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A New Kind of Supply Chain Managed Services

Logistics Viewpoints

In the supply chain world, contract logistics – where a third-party logistics (3PL) firm runs and manages warehouses on behalf of their clients, is a $200 billion plus market. For example, in contract logistics, the 3PL makes use of a warehouse management system so that they can do the job efficiently. It has outsourced manufacturing.